ACCOUNTING AND TAX DEPRECIATION IN ROMANIA AFTER EU ADHESION
ACCOUNTING AND TAX DEPRECIATION IN ROMANIA AFTER EU ADHESION

Summary/Abstract: Separating the accountancy from the taxation is an around the clock concern for the accountancy standard setters in Romania. The Romanian policy takers managed, at least for depreciation, to implement in the accountancy field new exclusive accounting concepts that are mainly deriving from the Order no. 3055/2009 of the Minister of Public Finance, regarding the accountancy regulations made according to the directives of the European Economic Community. For financial reasons (calculating the taxable priority through the Taxation Code, The Ministry of Public Finance developed others regulations and norms regarding fiscal amortization, as well as the classification and normal function parameters of the long term assets. The authors of this paper draws the attention on the fact that, this time, there is the danger that even the accountants, by commodity, will use the fiscal norms even in accountancy

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